NOT LISTED FOR SALE

7 Central Square Unit 204 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $354,000 - $395,000

2 Beds
1 Bath
1,155 Sq Ft
$517/mo HOA Fee

Last Sold April 14, 2021

Last sale price $282,500 $245 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,822/month

59 Days on Market

Highlights

  • Intercom
  • 4-minute walk to Lynn
  • Laundry Facilities
  • Tile Flooring
  • Forced Air Heating and Cooling System
  • 1-minute walk to Lynn Heritage State Park

About This Home

As of April 2021

Bright and spacious loft-inspired condo located at The Lofts at 7 Central in the heart of downtown Lynn’s growing urban cultural scene. Fantastic location for walking to popular restaurants, shops, cafes, brewery, and more. Commuter rail across the street for a 20-minute ride to Boston and available monthly parking at same location. L-shaped layout, oversized windows and views of Central’s Square’s impressive architecture. Pet friendly. Laundry in building. Enjoy the close proximity to Red Rock Park and the beach at Lynn Shore Drive – only a 5 minute ride away.

Last Agent to Sell the Property

Blueprint Real Estate Group

William Raveis R.E. & Home Services Listed on: 01/04/2021

Last Buyer's Agent

Darryln Leikauskas

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,264

Year Built

  • Built in 1903

Lot Details

  • 8,538

HOA Fees

  • $517 per month

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,264

Year Built

Built in 1903

Lot Details

0

HOA Fees

$517 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Loft
  • Other Agent: 1.50
  • Handicap Access: Yes
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 246.75
  • Comp Based On: Net Sale Price
  • Year Built: 1903
  • Lead Paint: Unknown
  • Unit Building: 204
  • Unit Level: 2
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1903

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Laminate
  • Interior Amenities: Intercom
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
  • No Bedrooms: 2
  • Master Bedroom: Closet, Flooring - Wall to Wall Carpet
  • Bedroom 2: Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Bathroom 1: Bathroom - Tiled With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile
  • No Rooms: 4
  • Dining Room: Flooring - Laminate
  • Kitchen: Flooring - Stone/Ceramic Tile
  • Laundry Features: Common, In Building
  • Living Room: Closet, Flooring - Laminate
  • No Living Levels: 5
  • Main Lo: M59500
  • Main So: AN6527
  • Estimated Sq Ft: 1155.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Roof Material: Rubber
  • Exterior: Brick

Garage/Parking

  • Parking Feature: On Street Without Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air, Individual, Unit Control
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • HOA Fees: 517.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Management Fee
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site, Owner Association

Association/Amenities

  • Condominium Name: The Lofts at 7 Central

Fee Information

  • Opt Fee Includes: Elevator, Reserve Funds

Lot Info

  • Assessments: 262900.00
  • Page: 99
  • Zoning: CBD

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 3426.00
  • Assessor Parcel Number: 4698837
  • Tax Year: 2021

Multi Family

  • No Units: 22
  • No Units Owner Occ: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Apr 14, 2021
Sold by
Leaden Mark
Bought by
Moakley John T
Seller's Agent
Blueprint Real Estate Group
William Raveis R.E. & Home Services
Buyer's Agent
Darryln Leikauskas
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$294,900
Sold Price
$282,500
Premium/Discount to List
-$12,400
-4.2%
Current Estimated Value
$368,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,620
Avg. Annual Appreciation
5.59%
Original Mortgage
$211,875
Outstanding Balance
$193,357
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$162,591

Purchase Details

Closed on
Sep 29, 2006
Sold by
Central Square Rt and Grigsby Taran
Bought by
Leaden Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moakley John T $282,500 None Available
Moakley John T $282,500 None Available
Leaden Mark $245,000 --
Leaden Mark $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moakley John T $211,875
Closed Moakley John T $211,875
Previous Owner Leaden Mark $183,700
Previous Owner Leaden Mark $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $282,500 -0.9% $245 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/06/2021 02/06/21 Price Changed $285,000 -3.4% $247 / Sq Ft
01/30/2021 01/30/21 For Sale $294,900 0.0% $255 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $294,900 0.0% $255 / Sq Ft
05/01/2016 05/01/16 Rented $1,600 0.0% --
04/27/2016 04/27/16 Under Contract -- -- --
04/15/2016 04/15/16 For Rent $1,600 0.0% --
04/12/2016 04/12/16 Under Contract -- -- --
04/01/2016 04/01/16 For Rent $1,600 +6.7% --
10/24/2014 10/24/14 Rented $1,500 0.0% --
09/24/2014 09/24/14 Under Contract -- -- --
09/08/2014 09/08/14 For Rent $1,500 +15.4% --
04/01/2013 04/01/13 Rented $1,300 0.0% --
03/02/2013 03/02/13 Under Contract -- -- --
02/04/2013 02/04/13 For Rent $1,300 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,264 $315,100 $0 $315,100
2024 $3,198 $303,700 $0 $303,700
2023 $3,027 $271,500 $0 $271,500
2022 $3,030 $243,800 $0 $243,800
2021 $3,426 $262,900 $0 $262,900
2020 $3,231 $241,100 $0 $241,100
2019 $5,370 $236,900 $0 $236,900
2018 $3,075 $202,500 $0 $202,500
2017 $2,972 $190,500 $0 $190,500
2016 $2,571 $158,900 $0 $158,900
2015 $2,524 $150,700 $0 $150,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72771138

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000624-000010-000006-000006